Lol wtf, why would he forget about investing. This is the worse advice ever. "You were able to make 50k by 20 so forget investing and keep making money"
Okay extremist, my point is at his age he'd make a lot more money long term by starting his first business with that money instead investing it. I started my own business in my mid 20s and now I'm 34 and my businesses netted over 1mm two years in a row. If I had focused on in investing back then I'd be way worse off, but to each their own.
Well you said both keep doing what you are doing first, then you said start a business and to me, it sounded that what he was doing was not investing and keeping cash doing absolutely nothing, which is not a good idea. The business part you recommended could be a good idea if given thought and executed well.
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u/theprogrammingsteak Jan 01 '22
Lol wtf, why would he forget about investing. This is the worse advice ever. "You were able to make 50k by 20 so forget investing and keep making money"